Firing Top Bankers to Get Easier as Germany Woos Brexit Business
Labor laws in Germany are being revised so that its policy on employee protections will become less stringent. By loosening the job protections for high earning employees in banking institutions, the government is able to safeguard against individual actions that can result in a company fallout. This change is also supposed to attract foreign talent, making it easier to recruit non-EU staff, and buffer against market chaos should Britain leave the EU without a compromise.
See "Firing Top Bankers to Get Easier as Germany Woos Brexit Business", Iain Rogers, Steven Arons, Bloomberg Business, February 21, 2019